News

City of Compton may declare bankruptcy by September: officials - Chicago Tribune

07/18/12

The city council adjourned at 11 pm without discussing a potential bankruptcy filing. Compton Mayor Eric J. Perrodin also said he brought unspecified charges of "waste, fraud and abuse of public monies" to California officials, and had met with ...

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AMR has 2Q loss of $241M on bankruptcy costs - Boston Globe

07/18/12

AMR shares were removed from the New York Stock Exchange after the bankruptcy filing. They continue to trade over the counter but have fallen below $1 because companies in bankruptcy usually issue new stock after they go through the process.

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ResCap Seeks to Pay $14.9 Million in Employee Incentives - Bloomberg

07/18/12

Berkshire Hathaway Inc. will make the first offer for the company’s mortgages. Ally, the Detroit-based auto lender, supported the bankruptcy filing as a way to resolve legal claims related to mortgage-backed securities. Ally is 74 percent ...

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Stanley Black & Decker Reports 2Q 2012 Results - Businessweek

07/18/12

Organic sales growth is defined as total sales growth less the ... receivable or assets or experiences supply chain disruptions in connection with bankruptcy filings by customers or suppliers; increasing competition; changes in laws, regulations ...

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Superferry barges could be a super-hard sale - NBCNews.com

07/18/12

Over three years ago, the Hawaii Superferry went belly up. The bankruptcy left the state on the hook for tens of millions of dollars in harbor improvements and docking barges. While the state is hoping to get some of that money back, the state auditor said ...

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City of Compton may declare bankruptcy by September: officials - NBCNews.com

07/18/12

The city council adjourned at 11 pm without discussing a potential bankruptcy filing. Compton Mayor Eric J. Perrodin also said he brought unspecified charges of "waste, fraud and abuse of public monies" to California officials, and had met with auditors ...

[more]

City of Compton may declare bankruptcy by September -officials - Reuters

07/18/12

1 whether to seek bankruptcy, according to its two most senior financial officials. Such a move would see it join a growing number of deficit-hobbled California cities that have used the filing to restructure onerous debt loads. Compton ...

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City of Compton may declare bankruptcy by September: officials - NBCNews.com

07/18/12

The city council adjourned at 11 pm without discussing a potential bankruptcy filing. Compton Mayor Eric J. Perrodin also said he brought unspecified charges of "waste, fraud and abuse of public monies" to California officials, and had met with ...

[more]

1st Choice Bankruptcy Preparation Earns BBB Accreditation - YAHOO!

07/18/12

Pro se filings are on the rise and 1st Choice Bankruptcy Preparation is here to help. With our BBB accreditation we're shown to be trustworthy and ready to assist pro se debtors with their Bankruptcy Preparation needs! 1st Choice Bankruptcy ...

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Major Bankruptcy Court Pleadings To Date From FiberTower Chapter 11 Cases - jdsupra.com

07/18/12

FiberTower Corporation (OTC: FTWRQ) filed a voluntary petition for reorganization under Chapter 11 of the U.S. Bankruptcy Code today in the U.S. Bankruptcy Court for the Northern District of Texas, Fort Worth division. Its affiliates FiberTower Network ...

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